Optional Tender upon tender (or constructive tender pursuant to Section 4.12D of the Bond Indenture), for purchase of such Bonds or portions thereof at the option of such Person on any Business Day for such Bonds in accordance with Section 4.06 of the Bond Indenture, if notice of such tender shall have been given to the Tender Agent and the Remarketing Agent for such Bonds in strict compliance with the provisions of Section 4.06 of the Bond Indenture, and
Optional Tender. The Holder of any Bond (other than an “Obligor Bond” as defined in the Indenture) shall have the right to tender such Bond to the Trustee or to any Tender Agent appointed pursuant to the Indenture for purchase in whole or in part (if in part, only in an Authorized Denomination) on any Business Day during any Variable Rate Period, but not during any Term Rate Period, at a purchase price equal to 100% of the principal amount of the Bond (or portion thereof) tendered plus accrued interest to the specified purchase date (an “Optional Tender Date”). In order to exercise such option with respect to any Bond, the Holder thereof must deliver notice thereof to the Trustee, as provided below, at least 7 days prior to the proposed Optional Tender Date. Any such notice of Optional Tender must be duly executed by the Bondholder and must specify (i) the name of the registered Holder of the Bond to be tendered for purchase, (ii) the Optional Tender Date, (iii) the certificate number and principal amount of such Bond, and (iv) the principal amount of such Bond to be purchased (if such amount is less than the entire principal amount, both the amount to be purchased and the amount remaining must be in an Authorized Denomination). Such notice may be given to the Trustee in writing or by telephone, but no such telephonic notice shall be effective unless confirmed in writing delivered to the Trustee not more than 2 Business Days after such telephonic notice. A form of the Optional Tender Notice may be obtained from the Trustee upon request. If any notice of Optional Tender specifies an Optional Tender Date that is not a Business Day, then such notice shall be deemed to specify the next following Business Day as the Optional Tender Date. Unless a notice of Optional Tender indicates that less than the entire principal amount of the Bond is being tendered for purchase, the Holder will be deemed to have tendered the Bond in its entire principal amount for purchase. Upon delivery of a written notice of Optional Tender, the election to tender shall be irrevocable and binding upon such Holder and may not be withdrawn. If a written notice of Optional Tender shall have been duly given with respect to any Bond, the Holder of such Bond shall deliver such Bond to the Office of the Trustee or the Office of the Tender Agent on the Optional Tender Date, together with all necessary endorsements for transfer. If only a portion of such Bond is to be purchased (as a result of the exercise of the...
Optional Tender. (a) The Holder of any Bond shall have the right to tender such Bond to the Trustee or Tender Agent for purchase in whole or in part (if in part, only in an Authorized Denomination) on any Business Day during any Variable Rate Period, but not during any Fixed Rate Period, at a purchase price equal to 100% of the principal amount of Bonds (or portions thereof) tendered plus accrued interest to the specified purchase date. In order to exercise such option with respect to any Bond, the Holder thereof must deliver notice thereof to the Trustee, as provided below in this Section, at the Principal Office of the Trustee at least 7 days prior to the proposed Optional Tender Date.
Optional Tender. Section 4.01. Optional Tender in Daily, Weekly, Monthly and Term Mode.
Optional Tender. 21 SECTION 3.5
Optional Tender. Beneficial Owners of Variable Rate Bonds bearing interest at a Daily Rate, Weekly Rate or Monthly Rate of each Series may elect to have their 2010 Bonds, or portions thereof in amounts equal to Authorized Denominations (so long as any untendered portion is also an Authorized Denomination), purchased at a purchase price equal to the principal amount of such 2010 Bonds (or portions thereof), plus accrued interest, if any, payable in immediately available funds on the following purchase dates and upon the giving of the following telephonic notice, confirmed in writing, or written notices meeting the further requirements of subsection (b) below:
Optional Tender. 21 Section 2.04. Mandatory Tender........................................................... 23 Section 2.05.
Optional Tender. (a) While the Bonds are in the Weekly Rate Mode, any Outstanding Bond or portion thereof in an Authorized Denomination (except any Pledged Bond or Company Bond) shall be purchased on the demand of the Owner thereof on any Business Day at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon to the purchase date, upon delivery (by facsimile or otherwise) to the Tender Agent at its Principal Office on any Business Day, of the following:
Optional Tender. (a) The Bondholder shall have the option to tender the Bond for purchase in whole on April 25, 1999. If not exercised, the Bondholder's right of optional tender shall be extended as follows. Unless the Bondholder notifies the Issuer and the Company to the contrary in writing prior to February 1 of any year, the optional tender date shall be automatically extended for an additional year, with no further action required of the Bondholder, the Issuer or the Company. The optional tender date may not be extended in this automatic manner beyond the date 5 years from the date of the Advance under this Amended and Restated Financing Agreement unless the Bondholder, at its sole option, reinstates the automatic renewal provision for an additional 5 years by giving written notice to that effect. The automatic optional tender extension provision may similarly operate into the future, with the Bondholder's affirmative written reinstatement being necessary to continue the automatic renewal feature for successive 5 year periods.
Optional Tender. (a) The Holder of any Note shall have the right to tender such Note to the Trustee or Tender Agent for purchase in whole or in part (if in part, only in an Authorized Denomination) on any Business Day during any Variable Rate Period, but not during any Fixed Rate Period, at a purchase price equal to 100% of the principal amount of Notes (or portions thereof) tendered plus accrued interest to the specified purchase date. In order to exercise such option with respect to any Note, the Holder thereof must deliver notice thereof to the Trustee, as provided below in this Section, at its Designated Office at least 7 days prior to the proposed Optional Tender Date.
